Block of flats for sale in Golders Green Road, London NW11
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Asset Management Opportunity
- Potential for HMO / Serviced Accomodation - suject to necessary consents
Property description
Golders Green is a sought-after and affluent suburb situated approximately 5 miles north-west of Central London which is well served by Golders Green Underground Station (Northern Line).Situated at the North end of Golders Green Road, the flats are a just a few minutes walk to Golders Green Station.
The flats were created in 2009 with full planning permission and building regulations. The accommodation comprises:
• 5 Self Contained Flats (3 x 1-bed, 1 x 1-bed duplex, 1 x studio)
• 990 year lease held on one title
• Current Income £66,600 per annum
• Potential to increase rents and/or convert to HMO or Serviced Accommodation, subject to necessary consents
• £1,150,000 STC
There is scope to improve the flats and increase the rents. Some of the tenancies have been in place for quite a number of years without having had any increases on the rent. In addition, there may be scope to alter the use of the building to HMO or serviced accommodation, subject to the necessary consents.
Floor plans:
These are available upon request.
Price
£1,150,000 subject to contract.
Tenure
Leasehold – 990 years remaining
ground rent:
Peppercorn
service charges:
Tba but we understand these to be minimal, namely the buildings insurance and cleaning of the corridors.
VAT
The building has not been elected for VAT
legal costs:
Each party to bear their own legal costs.
Viewings:
Viewings can be arranged via Sole Agents GLPC
For more information about this property, please contact
Gabriella Property Consultants, WD6 on +44 20 8033 5071 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Gabriella Property Consultants, and do not constitute property particulars. Please contact Gabriella Property Consultants for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.